The McClatchy Company
| The McClatchy Company
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|---|---|
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| legal form | Corporation |
| ISIN | US5794893033 |
| founding | February 3, 1857 |
| Seat | Sacramento , United States |
| management | Craig Forman, CEO |
| Number of employees | 5,400 |
| sales | 568,740,000 USD |
| Branch | media |
| Website | www.mcclatchy.com |
| As of December 25, 2016 | |
The McClatchy Company is an American media group. McClatchy publishes print and online media and is also active in other business areas on the Internet. The company's headquarters are in Sacramento , California .
The group owns around 30 newspapers - both daily newspapers for US metropolitan areas (such as The Miami Herald ) and other newspapers for smaller American communities. McClatchy also operates a number of websites that offer online newspapers and other web services such as advertising, advertisements and e-commerce. According to its own information, the group is the third largest provider of daily newspapers on the US market.
The "flagship" is The Sacramento Bee , founded in 1857 by James McClatchy.
In 2006 McClatchy took over Knight Ridder, a publishing house that was twice as large, and with it shares in Careerbuilder and dozens of newspaper titles . McClatchy immediately sold four of them, the San Jose Mercury News , the Contra Costa Times , the Monterey Herald and the St. Paul Pioneer Press , to MediaNews .
In February 2020, McClatchy filed for Chapter 11 bankruptcy . 60% of the debt should be paid off in order to cope with the change to a digital company. The hedge fund Chatham Asset Management LLC is to become the new main shareholder .
Web links
Individual evidence
- ↑ a b The McClatchy Company 2016 Form 10-K Report , accessed April 13, 2017
- ↑ a b Author not given, on New York Times website : McClatchy Company , 2008 ( online ), accessed April 28, 2009
- ↑ McClatchy Newspapers website (mcclatchydc.com): McClatchy Newspapers ( online ( memento of July 1, 2013 in the Internet Archive )), accessed on February 14, 2020
- ^ McClatchy Company website , http://www.mcclatchy.com , accessed April 28, 2009
- ^ Newspaper Chain Agrees to a Sale for $ 4.5 Billion - NYT, March 13, 2006
- ^ MediaNews Buys 4 Papers From McClatchy
- ↑ Kevin G. Hall: McClatchy files bankruptcy to shed costs of print legacy and speed shift to digital. In: McClathcy DC. February 13, 2020, accessed on February 13, 2020 .